It was a 10% rise from a year ago, according to Adobe Analytics.
Online spending hit a record $6.1 billion over Thanksgiving, according to Adobe's most recent estimates, as consumers continue to lean heavily on e-commerce.
CNBC's Courtney Reagan reports on Black Friday's retail trends.
Thanksgiving weekend has long been seen as the traditional start to the most important sales period for retailers, and so far, the indication is that we're in for a strong holiday season for e-commerce. Salesforce is tracking activity in real time and has just put out its first figures for the day.
The Census Bureau's Advance Retail Sales Report for October revealed headline sales were up 0.4% last month. The latest reading was higher than the expected 0.3% monthly growth in consumer spending.
The Census Bureau's Advance Retail Sales Report for September revealed headline sales were up 0.4% last month. The latest reading was higher than the expected 0.3% monthly growth in consumer spending.
The Census Bureau's Advance Retail Sales Report for August revealed headline sales were up 0.1% last month. The latest reading was higher than the expected -0.2% monthly growth in consumer spending.
On this episode of the “ETF of the Week” podcast, VettaFi's Head of Research Todd Rosenbluth discussed the Amplify Online Retail ETF (IBUY) with Chuck Jaffe of “Money Life.” The pair talked about several topics regarding the fund to give investors a deeper understanding of the ETF overall.
VettaFi's Head of Research Todd Rosenbluth discussed the Amplify Online Retail ETF (IBUY) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and analysis, visit VettaFi | ETF Trends.
Economic indicators provide insight into the overall health and performance of an economy. They are essential tools for policymakers, advisors, investors, and businesses because they allow them to make informed decisions regarding business strategies and financial markets.
The Census Bureau's Advance Retail Sales Report for July revealed headline sales were up 1.0% last month. The latest reading was more than double the expected 0.4% monthly growth in consumer spending.
The turmoil on Wall Street early last week reignited talk of the big “R-word.” Recession.